HME / DME Cash Management

WHITE PAPER: Patient Payments Now Required

Rising healthcare costs-coupled with multiple programs to better control reimbursements-have dramatically transformed the insurance landscape. With the increasingly large shift of costs to patients through higher deductibles, copays and coinsurance, this is resulting in higher out-of-pocket expenses for patients.

It is essential for HME/DME businesses to place greater emphasis on patient-pay collections because they account for a much greater portion of the bottom line. This whitepaper outlines four simple steps to help you collect the all-important out-of-pocket expenses for your HME/DME services. This easy to follow guide will help you:

Understand the changing insurance landscape and what that means for you

Evaluate key steps to ensure that you aren’t leaving money on the table

Understand the increasing value of patient collections

Learn how to encourage your staff with proactive collection processes

Understanding these essential steps will help you maximize your collections and improve your bottom line! Start a conversation with your Mediware HME/DME specialist to find out how you can streamline your revenue management processes with software that was designed for this ever-changing industry!